This week, SoftBank announced the acquisition of UK-based AI chipmaker Graphcore, valued around $600 million. Known for its intelligence processing units, Graphcore’s technology competes with Nvidia’s but has faced commercialization challenges. SoftBank aims to rejuvenate Graphcore, leveraging the rising demand for advanced AI compute power.
The new Artificial Intelligence (AI) Act in the European Union heralds a comprehensive regulatory framework for AI development and usage, with major provisions taking effect by August 2024. Central to VoIP technology, the Act categorizes AI systems by risk levels, implementing stringent regulations for high-risk categories, ensuring security and transparency in AI-driven communications.
In an unexpected move, Microsoft and Apple have withdrawn plans to join OpenAI’s board amidst growing scrutiny over AI ethics. This decision underscores the increasing responsibilities AI companies face. Both tech giants remain deeply invested in AI, opting to prioritize their strategic projects and respond to regulatory pressures.
Ericsson and King Abdullah University of Science & Technology (KAUST) have extended their research partnership for two more years, focusing on cutting-edge telecommunications technologies like 5G, 6G, and on-chip reflective intelligent surfaces. This collaboration promises to drive innovations and enhance the future of global connectivity, aligning with Saudi Arabia’s Vision 2030.
AMD’s acquisition of Silo AI for $665 million boosts its AI capabilities and positions the semiconductor giant to better compete with industry leaders like Nvidia. By integrating Europe’s largest private AI lab, AMD aims to deliver cutting-edge AI solutions, enhancing enterprise offerings and leveraging robust VoIP models for improved communication systems.
Fastweb has launched NeXXt AI Factory, introducing Italy’s first DGX SuperPOD AI supercomputer. Located in Bergamo, the facility enhances Italy’s AI landscape, empowering startups, universities, and businesses. Fastweb’s robust computing power and partnerships ensure high-quality AI applications, positioning Italy at the forefront of technological innovation.
The Australian Government’s strategic partnership with Amazon Web Services (AWS) aims to enhance the nation’s cybersecurity with a $2 billion investment. This move involves creating a Top Secret AWS cloud infrastructure to secure intelligence data.
Korean carrier SK Telecom and Singaporean firm Singtel signed an MoU to develop next-gen telecom networks, focusing on AI and network virtualization. The collaboration aims to create foundational technologies for 6G systems, improve edge-AI infrastructure, and enhance 5G capabilities.
Chinese telecom operators have successfully deployed expansive 5G networks across all cities and towns, with 90% village coverage. Utilizing 3.84 million 5G base stations, they lead globally. This vast network supports diverse industries, enhancing connectivity. As 5G technology advances, with plans to incorporate 5G-Advanced (5G-A) and AI, the future of telecommunications looks promising.
The wireless telecoms industry experienced growth due to 5G technology. Telstra and Optus will stop pre-installing Google Search as the default on their Android phones. A MedUX report ranked UK fixed broadband providers. The WBBA urges IP network upgrades for 5.5G and 6G services.


